Srinidhi Finance Private Limited

Provides financial services including credit granting, hire purchase finance, and lending on various assets.

1983 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 28, 2024

Srinidhi Finance Profile

Key Indicators

  • Authorised Capital ₹ 35.60 Cr
  • Paid Up Capital ₹ 35.35 Cr
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.10 M
  • Satisfied Charges ₹ 0.10 M
  • Revenue Growth -72.51%
  • Profit Growth -303.77%
  • Ebitda -9689.49%
  • Net Worth -56.94%
  • Total Assets 7.67%

About Srinidhi Finance

Srinidhi Finance Private Limited (SFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 April 1983 and has a history of 41 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.60 Cr and a paid-up capital of Rs 35.35 Cr.

The company currently has active open charges totaling ₹0.10 M. The company has closed loans amounting to ₹0.10 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Srinidhi Finance Private Limited India is Kuppusamy Prabhakharan as COMPANY SECRETARY. Shanmugam Ethiraj and Doraisamy Kuppan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1983PTC009937

  • Company No.

    009937

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1983

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Srinidhi Finance?

Executive Team (1)

Name Designation Appointment Date Status
Kuppusamy Prabhakharan Country flag representing In Company Secretary 01-Sep-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Shanmugam Ethiraj Country flag representing In Director 21-Oct-2009 Current
Doraisamy Kuppan Country flag representing In Director 21-Nov-2020 Current

Financial Performance of Srinidhi Finance.

Srinidhi Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 72.51% decrease. The company also saw a substantial fall in profitability, with a 303.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.94%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-72.51%
Revenue from Operations
13.56%
Total Assets
7.67%
Profit or Loss
-303.77%
Net Worth
-56.94%
EBITDA
-9689.49%

What is the Ownership and Shareholding Structure of Srinidhi Finance?

In 2023, Srinidhi Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.01 Cr

Satisfied Charges

₹0.01 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 1983 Canara Bank ₹0.10 M Open
25 Apr 1988 Bank Of Madura Ltd. ₹0.10 M Satisfied

How Many Employees Work at Srinidhi Finance?

Unlock and access historical data on people associated with Srinidhi Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Srinidhi Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Srinidhi Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Srinidhi Finance

Recent activity within the organization

  • Annual General Meeting

    Srinidhi Finance Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Balance Sheet

    Srinidhi Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Doraisamy Kuppan was appointed as a Director was appointed as a Director on 21 Nov 2020 & has been associated with this company since 4 years 2 months .

    21 Nov 2020

  • Director Appointment

    Kuppusamy Prabhakharan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2018 & has been associated with this company since 6 years 5 months .

    01 Sep 2018

  • Director Appointment

    Shanmugam Ethiraj was appointed as a Director was appointed as a Director on 21 Oct 2009 & has been associated with this company since 15 years 3 months .

    21 Oct 2009

  • Charges

    A charge registered on 25 Apr 1988 via Charge ID 90305812 with Bank Of Madura Ltd. was fully satisfied on 28 Mar 2002.

    28 Mar 2002

Frequently asked questions

  • Srinidhi Finance Private Limited was incorporated on 05 Apr 1983.

  • The authorized share capital of Srinidhi Finance Private Limited is ₹ 35.60 Cr and paid-up capital is ₹ 35.35 Cr.

  • Currently 3 directors are associated with Srinidhi Finance Private Limited.

    • Shanmugam Ethiraj
    • Kuppusamy Prabhakharan
    • Doraisamy Kuppan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Srinidhi Finance Private Limited is Door No.3/1 6Th Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India, 600004.

  • The corporate identification number (CIN) of Srinidhi Finance Private Limited is U65191TN1983PTC009937 and the company number is 009937 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Srinidhi Finance Private Limited is https://www.svgml.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Srinidhi Finance Private Limited has fallen by -72.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Srinidhi Finance Private Limited has experienced an downturn of -56.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Srinidhi Finance Private Limited amount to ₹ 0.10 M.

  • The most recent Balance Sheet for Srinidhi Finance Private Limited was filed with the ROC on 31 Mar 2023.

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